See also:

• CHATTEL (for derivation see CATTLE)

CHATTEL (for derivation see See also:

• CATTLE (Norman Fr. catel, from Late Lat. capitale, wealth or property, a word applied in the feudal system to movable property and particularly to live stock, and surviving in its wider meaning as " chattel " or " chattle ")

CATTLE)  , a See also:

• TERM

term used in See also:

• ENGLISH

English See also:

• LAW
• LAW (0. Eng. lagu, M. Eng. lawe; from an old Teutonic root lag, " lie," what lies fixed or evenly; cf. Lat. lex, Fr. loi)
• LAW, JOHN (1671—1729)
• LAW, WILLIAM (1686-1761)

law as See also:

• EQUIVALENT

equivalent to " See also:

• PERSONAL

personal See also:

• PROPERTY

property," that is, property which, on the See also:

• DEATH

death of the owner, devolves on his executor or See also:

• ADMINISTRATOR

administrator to be distributed (unless disposed of by will) among the next of See also:

• KIN (0. E. cyn, a word represented in nearly all Teutonic languages, cf. Du. kunne, Dan. and Swed. kon, Goth kuni, tribe; the Teutonic base is kunya; the equivalent Aryan root gan- to beget, produce, is seen in Gr. 'yEvos, Lat. genus, cf. "kind")

kin according to the Statutes of Distributions . Chattels are divided into chattels real and chattels personal . Chattels real are those interests in See also:

• LAND

land for which no " real See also:

• ACTION

action " (see AcrIoN) lies; estates which are less than See also:

• FREEHOLD

freehold (estates for years, at will, or by sufferance) are chattels real . Chattels personal are such things as belong immediately to the See also:

• PERSON, OFFENCES AGAINST THE

person of the owner, and for which, if they are injuriously withheld from him, he has no remedy other than by a personal action . Chattels personal are divided into choses in See also:

• POSSESSION
• POSSESSION (Lat. possessio, possidere, to possess)

possession and choses in action (see See also:

• CHOSE (Fr. for " thing ")

CHosE) . A See also:

• CHATTEL (for derivation see CATTLE)

chattel See also:

• MORTGAGE

mortgage, in See also:

• UNITED

United States law, is a See also:

• TRANSFER (from Lat. transferre, to bear across, carry over)

transfer of personal property as See also:

• SECURITY (Lat. securus, free from care, safe)

security for a See also:

• DEBT (Lat. debitum, a thing owed)

debt or See also:

• OBLIGATION

obligation in such See also:

• FORM (Lat. forma)

form that the See also:

• TITLE (0. Fr. title, mod. titre, from Lat. titulus)

title to the property will pass to the mortgagee upon the failure of the mortgagor to comply with the terms of the See also:

• CONTRACT
• CONTRACT (Lat. contract us, from contrahere, to draw together, to bind)

contract . At See also:

• COMMON

common law a chattel mortgage might be made without See also:

• WRITING
• WRITING (the verbal noun of " to write," O. Eng. writan, to inscribe)

writing, and was valid as between the parties, and even as against third parties if accompanied by possession in the mortgagee, but in most states of the See also:

• UNION
• UNION (known locally as Union Hill and officially as Town of Union)

Union legislation now requires a chattel mortgage to be in writing and duly recorded in See also:

• ORDER
• ORDER (through Fr. ordre, for earlier ordene, from Lat. ordo, ordinis, rank, service, arrangement; the ultimate source is generally taken to be the root seen in Lat. oriri, rise, arise, begin; cf. " origin ")
• ORDER, HOLY

order to be valid against third parties . At common law a mortgage can be given only of chattels actually in existence and belonging to the mortgagor, though if he acquired title afterwards the mortgage would be See also:

• GOOD, JOHN MASON (1764-1827)

good as between the parties, but not as against subsequent purchasers or creditors . In See also:

• EQUITY (Lat. aequitas)

equity, on the other See also:

• HAND
• HAND (a word common to Teutonic languages; cf. Ger. Hand, Goth. handus)
• HAND, FERDINAND GOTTHELF (1786-185r)

hand, a chattel mortgage, though not good as a See also:

• CONVEYANCE

conveyance, is valid as an executory agreement . Goods and chattels is a phrase which, in its widest signification, includes any property other than freehold . The two words, however, have come to be synonymous, and the expression, now practically confined to See also:

• WILLS, WILLIAM GORMAN (1828-1891)

wills, means merely things movable in possession .